A strong economy seems to be the basis where the people of a nation can enjoy the maximum freedoms.
The Asian economies seem to be forging ahead in economic terms, China in particular, and Japan has had a big lead for some decades.
What is the common denominator? I suppose on could look for a genetic factor, but that in my view would be pointless exercise as is the divisive hate programs of eugenics.
Japan, South Korea, China, all of these countries had national policies where they would learn to compete in a particular field. Funds would be allocated to make such progress. The start has been heavy industry first such as Shipbuilding and major civil engineering projects, then general manufacturing such as motor cycles, electronics, and so forth.
I remember packing up old semiconductor equipment and shipping it off to China during the early 1990's. I thought that it was a bad idea at the time, the company I worked for would never have done that for a normal competitor. I think it was a deliberate policy of multinational companies, probably in cahoots with the Chinese government. A communist government I may add.
Multinationals don't seem to be interested in economic recovery in the USA. They should be, as should politicians who hope to be paid from the tax base provided by the working citizens.
I do not see the USA (or the UK for that matter) recovering from the recession we are now entering unless there is a national government policy to assist economic recovery.
It's the only way we will be able to compete with Japan, China et al. |
